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Traders estimate that Algerian wheat purchase will be between 700,000 and 750,000 tonnes

Posted to Maritime Reporter on July 23, 2024

European traders reported on Thursday that Algeria's state grain agency OAIC purchased between 700,000.00 and 750,000 metric tonnes of milling wheat at an international auction on Wednesday. The estimate of 600,000 tonnes by traders on Wednesday evening was lower.

Repsol and EDF join forces for offshore wind auctions across Iberia

Posted to Maritime Reporter on July 23, 2024

The renewables division of the French power giant EDF and Repsol, a Spanish energy company, have agreed to work together in auctions for offshore wind in Spain and Portugal. The companies announced on Thursday that they had signed an exclusive…

Traders estimate that Algerian wheat purchase will be between 700,000 and 750,000 tonnes

Posted to Maritime Reporter on July 23, 2024

European traders reported on Thursday that Algeria's state grain agency OAIC purchased between 700,000.00 and 750,000 metric tonnes of milling wheat at an international auction on Wednesday. The estimate of 600,000 tonnes by traders on Wednesday evening was lower.

Sea drone alert in Russia's Black Sea port ends

Posted to Maritime Reporter on July 23, 2024

On Thursday morning, the mayor of Novorossiisk in Russia's Black Sea port issued a sea-drone alert that lasted more than two full hours. Meanwhile, a group unmanned Ukrainian boats were destroyed near Crimea. In his first message sent via Telegram…

Algerian traders claim that the country has purchased at least 600 000 T of milling wheat.

Posted to Maritime Reporter on July 23, 2024

European traders reported that Algeria's state grain agency OAIC had bought at least 600.000 metric tons milling wheat during an international auction which closed on Wednesday. Some traders estimate the volume at 700,000-800,000 tons. Most…

Saipem wins subsea contract for Libya-Italy Pipeline

Posted to Maritime Reporter on July 23, 2024

Saipem, an Italian energy contractor, announced on Thursday that it had been awarded a contract for supervision and subsea interventions services in relation to the gas pipeline connecting Italy with Libya. Saipem announced in a press release…

Ukraine delays resumption ferry services to Georgia, says company

Posted to Maritime Reporter on July 23, 2024

According to its timetable, Ukrainian ferry company Ukrferry postponed resuming ferry service between Ukraine and Georgia. The service was suspended after Russia invaded Ukraine in 2022. Last month, the company announced that it would resume service from the Black Sea Port of Chornomorsk on July 9.

Vietnam claims extended continental shelf in South China Sea to UN

Posted to Maritime Reporter on July 23, 2024

Vietnam's Foreign Ministry announced on Thursday that it had filed a claim at the United Nations to extend the continental shelf in the South China Sea. This comes a month after the Philippines took a similar step. Hanoi wants to extend its…

Repsol and EDF join forces for offshore wind auctions across Iberia

Posted to Maritime Reporter on July 23, 2024

The renewables division of the French power giant EDF and Repsol, a Spanish energy company, have agreed to work together in auctions for offshore wind in Spain and Portugal. The companies announced on Thursday that they had signed an exclusive…

Nine crew members from capsized oil tanker near Oman are rescued; one is dead

Posted to Maritime Reporter on July 23, 2024

Officials said that at least nine members of the crew of the Comoros flagged oil tanker, which capsized on Oman's coast on Monday, have been rescued, while another was found dead. This was announced on Wednesday, just two days after it was first reported.

Kremlin sees NATO warships' 'concentrated' presence in the Black Sea as a danger to Russia

Posted to Maritime Reporter on July 23, 2024

The Kremlin announced on Thursday that Russia will consider any plans for a permanent NATO presence in the Black Sea a threat given the alliance's role in the Ukraine conflict. Dmitry Peskov, Kremlin's spokesman, made this comment when reporters…

TASS cites Russian Navy as saying that Russia and China have completed successful joint naval exercises in the South China Sea.

Posted to Maritime Reporter on July 23, 2024

Russian and Chinese vessels have successfully practiced anti-submarine warfare, naval combat, and air defence for vessels during joint naval exercises this week in the South China Sea, reported Russia's TASS on Thursday. TASS cited a Russian…

Suez Canal revenues drop as some shippers avoid the Red Sea

Posted to Maritime Reporter on July 23, 2024

The Suez Canal’s annual revenue fell by almost a quarter during its most recent financial year, as some shippers chose alternative routes in order to avoid being attacked by Houthis who are aligned with Iran in the Red Sea. Osama Rahbie, head…

Vietnam claims extended continental shelf in South China Sea to UN

Posted to Maritime Reporter on July 23, 2024

Vietnam's Foreign Ministry announced on Thursday that it had filed a claim at the United Nations to extend the continental shelf in the South China Sea. This comes a month after the Philippines took a similar step. In a press release, the Foreign…

India reports that nine crew members from an oil tanker capsized near Oman were recovered.

Posted to Maritime Reporter on July 23, 2024

Officials from India's government and navy, who have assisted in the search and rescue operation, confirmed that at least nine members of a 16-member crew aboard a Comoros flagged oil tanker capsized on Monday off Oman. The "Prestige Falcon"…

US Navy exonerates Black sailors who were unjustly punished for 1944 explosion

Posted to Maritime Reporter on July 23, 2024

The U.S. Navy released on Wednesday 258 Black Sailors who were unfairly punished and court-martialed for refusing orders following an explosion in a Californian port that killed over 300 people 80 years ago. A powerful explosion, with the power of an atomic blast…

Algeria starts purchasing milling wheat in tender, traders say

Posted to Maritime Reporter on July 23, 2024

stated. expense and freight (c&& f) consisted of, they stated. c&& f. continuing. estimates of prices and volumes are still possible later. from the main supply regions including Europe: Sept. Sept. 16-30. delivery is one month earlier. expanding highly in the Algerian market.

India increases ESPO Blend Oil purchases from June to August as Chinese demand declines

Posted to Maritime Reporter on July 23, 2024

India has increased its purchases of Russia’s Far East ESPO blend oil for arrival in June and July, as China, a major buyer of this grade, purchased less. This was confirmed by two sources who are involved in the Russian crude oil trade and LSEG data.

Will the Seine be clean for swimming at Paris 2024 Olympics?

Posted to Maritime Reporter on July 23, 2024

The River Seine is a key element in the Paris 2024 Olympics. A boat parade will take place there, as well as two events: the triathlon swimming leg and the marathon swimming. The pollution levels of the Seine has raised concerns about athletes' health. Where are we now?

Jordanian traders report that Jordan has issued a tender for 120,000 T of wheat.

Posted to Maritime Reporter on July 23, 2024

Jordan's national grain buyer issued an international bid to purchase 120,000 metric tonnes of milling wheat that can be sourced in a variety of origins. European traders confirmed this on Wednesday. The deadline to submit price proposals in the tender is 23 July.

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